New special PMLA courts to expedite money laundering trials, says ED

The Enforcement Directorate on Sunday said it will be able to "significantly accelerate" trials in money laundering cases with the recent notification of special PMLA courts in various states.

"In Telangana, a total of 16 special courts have now been notified, including two for Visakhapatnam. In Rajasthan, the number of such courts has been increased from one (earlier only at Jaipur) to five, including one for Jodhpur," the federal probe agency said in a statement.

In Goa, it said, an exclusive special court to initiate trials in criminal cases registered and probed under the Prevention of Money Laundering Act (PMLA) has been notified in North Goa.

 

Till now, there was only one such special court for Goa, the ED said.

The courts have been notified in those states where the number of such judicial forums were "inadequate" leading to "delays" in trial proceedings, according to the ED.

"With the addition of these special courts, the Directorate (ED) will be able to significantly accelerate trial proceedings in PMLA cases," it said.

"This initiative is also expected to address the concerns of the Constitutional courts regarding delays in money laundering trials," the agency said.